The fedgov needs high and sustained inflation to repudiate the debt. But that only works if spending is under control and the operating deficit as a percentage of GDP is declining.
The fedgov needs high and sustained inflation to repudiate the debt. But that only works if spending is under control and the operating deficit as a percentage of GDP is declining.
6 posted on 10/13/2021 1:47:30 PM PDT by Yo-Yo
(is the /sarc tag really necessary?)
